This year, Krivoy Rog Iron Ore Industrial Complex intends to increase production of iron ore with the iron content of 58.94% by 8.6% YoY, to 4.67 million tons. It also plans to extract 5.47 million tons of iron ore with the iron content of 56.25%, up by 22%. In particular, the Oktyabrskaya mine has to…Details
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On January 28, Uzmetkombinat, the largest ferrous metals producer in Uzbekistan, finalized a deal to buy 51% of shares of Li Da Metall Technology LLC. The deal was financed from the company own funds. Li Da Metall Technology is situated in Akhangaran. It was launched in 2020 by a Chinese investor. The company produces A400-A500…Details
In 2021, the Metinvest Group of Companies paid 52.7 billion UAH of taxes to budgets of all levels, up 2.4-fold YoY. This was also the highest amount of taxes paid by the group in its history. Profit tax accounted for 33 billion UAH, up 6-fold. (Ukrainian metal)Details
In 2021, Zaporizhstal mastered the manufacture of 7 types of new hot- and cold-rolled coils for its main foreign customers. In particular, the company started producing hot-rolled coils with boron microalloying, as well as hot-rolled coils with lentil corrugation and the size of 3-3.9 x 1050-1250 mm. Zaporizhstal also added SAE 1006, DD11 ad ASTM…Details
In 2021, Kazakhmys Holding exceeded its output target by 5.34%, having extracted 30.739 million tons of ore. Average copper content in ore was 0.94% with the target being 0.90%. Kazakhmys processed 31.1 million tons of ore and produced 213 thousand tons of cathode copper, 5508 kg of gold and 270 thousand tons of silver, up…Details
In 2021, the United Mining and Chemical Company paid 253 million UAH of dividends to the state. Dividends for 2020 accounted for 184 million UAH and for 2018 – 68 million UAH. Payments to all budgets in 2021 reached 873.4 million UAH, up 2.2-fold YoY. (Ukrainian metal)Details
Since 2021, Interpipe has been using container terminals in Novomoskovsk and Zaporozhye when shipping premium pipes to the port of Odessa for the further shipping to far countries. This allows speeding up pipe delivery and optimizing container flow. Intrepipe used to supply its products to Odessa by railroad or trucks. (Ukrainian metal)Details
Azovstal was the first in Ukraine to carry out a project to measure the thickness of slag in ladle. Investments in the purchase of measuring manipulators totaled 2 million UAH. Additional costs to upgrade them to measure slag thickness amounted to 200 thousand UAH. Previously the thickness was measured by hand. (Ukrainian metal)Details
The Metinvest group estimates the need of its enterprises in scrap in 2022 on the level of 1.9 million tons. Taking into account the current balance of customers and potential exports, which is expected to be around 150 thousand tons, the group sees the level of procurement at least not below the 2021 level. The…Details
The Ukrainian Association of Secondary Metals (UAVtormet) forecasts that this year ferrous scrap procurement will decrease following a growth in 2021. Average procurement is estimated at 3 million tons, down by 27.5%. Scrap deliveries to metal companies will amount to 2.8 million tons, down by 15.7%, while export will drop from 615.7 thousand tons to…Details
In 2021, the Central Mining and Processing Works decreased iron ore concentrate manufacture by 2.1% YoY, to 4.8 million tons. Pellets output dropped by 0.5%, to 2.26 million tons, In December 2021, CGOK produced 200 thousand tons of pellets. (Ukrainian metal)Details
In 2021, Kamchatka produced 6151 kg of gold, down by 11% YoY. At the same time, silver output grew by 5%, to 15.8 tons. No alluvial gold was extracted last year. Ametistovoye yielded 2701 kg of gold, up by 6%, Kamchatskoye Zoloto – 1098 kg, up by 4%, SiGMA – 1274 kg, down by 30%,…Details
In 2021, Metinvest enterprises mastered the manufacture of 54 new product types. Most new products appeared in the plate segment (15) and hot-rolled coils (13). There were also new products in the semi-finished steel products segment (11), cold-rolled coils (6), bars (5) and galvanized coils (4). Azovstal developed 9 slabs of new steel grades. Mariupol…Details